Keyera Announces October 2012 Dividend

CALGARY, Oct. 9, 2012 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A)
("Keyera") announced today a cash dividend for October 2012 of 17.0
cents per common share. The dividend will be payable on November 15,
2012 to shareholders of record on October 22, 2012. The ex-dividend
date is October 18, 2012. This dividend is an eligible dividend for the
purposes of the Income Tax Act (Canada). For non-resident shareholders,
Keyera's dividends are subject to Canadian withholding tax.

About Keyera Corp.

Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) operates one of the largest
natural gas midstream businesses in Canada. Its business consists of
natural gas gathering and processing as well as the processing,
transportation, storage and marketing of natural gas liquids (NGLs),
the production of iso-octane and crude oil midstream activities.

Keyera's gas processing plants and associated facilities are
strategically located in the west central, foothills and deep basin
natural gas production areas of the Western Canada Sedimentary Basin.
Its NGL and crude oil infrastructure, including pipelines, terminals
and processing and storage facilities, as well as its iso-octane
facility, are located in Edmonton and Fort Saskatchewan, Alberta, a
major North American NGL hub. Keyera markets propane, butane,
condensate and iso-octane to customers in Canada and the United States.

SOURCE: Keyera Corp.

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For further information about Keyera, please visit our website at www.keyera.com or contact: